Evercore Wealth Management
If misery loves company, Americans should take comfort in knowing that other countries have similarly high debt burdens. Government debt in the United Kingdom and many European Union member states hovers around the U.S. levels, and Japan’s debt represents more…
John Apruzzese, Chief Investment Officer at Evercore Wealth Management and Evercore Trust Company, provides insights on the changing economic landscape impacting the market. Please contact us at [email protected] for more information.
Eighty-four percent of portfolio managers underperform their benchmarks after five years, according to Standard & Poor’s. It seems like a damning statistic – and it can call into question the role of active managers in the first place. After all,…
Editor’s note: Evercore Wealth Management supplements its core investment capabilities with carefully selected outside funds across the range of the firm’s asset classes. Among those are the Harbert Management real estate funds, which invest in diverse mid-size multifamily, office, industrial…
The 19th-century philosopher Auguste Comte is often credited with coining the aphorism “demography is destiny.” If so, he had a point. Certainly, shifts in populations – caused by births, deaths, and immigration – can herald transformative societal and economic change.…
It’s been almost 25 years since a Japanese economist, Kathy Matsui, put forward the concept of “womenomics” as an antidote to sluggish economic growth. The concept, rooted in a belief in gender equality, was that full female participation in the…
Here’s an American story. My mother and my wife’s mother, both children of immigrants, had seven Baby Boomer children between them. Five of the seven Boomers were women who produced nine Millennials, five of whom are women now ranging in…
For almost 13 years, the very best investment returns came from some of the best-known components of the easiest-to-invest-in asset class. From the beginning of 2009 to the end of 2021, the larger the allocation to four companies – Alphabet/Google,…
Since ancient Mesopotamian farmers borrowed seeds with the promise to share their crop to pay off their debts, credit has supported economic growth. Trust, which is the Latin meaning of the root word cred, is the foundation of lending. The…